1M
6M
1Y
All
| NAV: 31 Mar 2025 | ₹1,180.75 |
| Min. SIP amount | ₹200 |
| Rating | 1 |
| Fund size | ₹19.94Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
3 months
6 months
1 year
Total investment of ₹15,000
Would have become ₹15,075 (+0.50%)
Holdings (1)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Reserve Bank of India | Financial | T-Bills | 24.62% |
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹500 |
| Min. for SIP | ₹200 |
Returns and rankings
Category: Debt Money Market
Absolute returns
| 3M | 6M | 1Y | All | |
|---|---|---|---|---|
| Fund returns | 1.5% | 3.0% | 6.3% | 17.7% |
| Category average | NA | NA | 7.4% | NA |
| Rank with in category | 23 | 23 | 23 | NA |
Understand terms
Peer Comparison
| Debt, Money Market funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Tata Money Market Fund Direct Growth | 5 | 7.9% | 7.2% | 28,157.29 |
Aditya Birla Sun Life Money Manager Fund Direct Growth | 5 | 7.8% | 7.1% | 26,752.16 |
Nippon India Money Market Fund Direct Growth | 4 | 7.8% | 7.1% | 16,856.31 |
HDFC Money Market Fund Direct Plan Growth | 4 | 7.8% | 7.1% | 27,399.00 |
Kotak Money Market Fund Direct Growth | 4 | 7.8% | 7.1% | 27,942.82 |
Expense ratio, exit load and tax
Expense ratio: 0.59%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab.
Understand terms
Check past data
Fund management
Rahul SinghJul 2022 - PresentView details
Rahul Singh
Jul 2022 - Present
View details
Education
Mr. Singh is a B.Sc Economic Hons.and holds a PGDM from IIM-A.
Experience
Prior to joining LIC Nomura Mutual Fund , he has worked with BOI AXA Investment Managers(August 2009-August 2015) , ING Investment Management (May 2008- August 2009) Standard Chartered Bank (intern)( April 2007- May 2007) and Ashika Capital ( Jan 2004 - April 2006).
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
Industrial Assurance BuildingGround Floor, Opp. Churchgate Station Mumbai 400020
Phone
022-66016177 / 022-66016178
Launch Date
20 Apr 1994
E-mail
br.mumbai@licmf.comWebsite
www.licmf.com
LIC Mutual Fund
Asset Management Company
Custodian
Standard Chartered Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Website
www.karvymfs.comPros and cons
Category: Debt Money Market
Pros
Exit load is zero
Cons
Higher expense ratio: 0.59%
1Y annualised returns lower than category average by 1.0%
Low rating: 1
Compare funds
LIC MF Money Market Fund Direct Growth
VS
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Vaishnavi Tech Park, South Tower, 3rd Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
Karnataka
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